South Carolina issues 2017 withholding tables

South Carolina has issued new wage-bracket and computer formula withholding tables for wages paid on and after January 1, 2017. The tables will be reproduced in the PAYROLL MANAGEMENT GUIDE at ¶8248 and ¶8249 in a future release. The state is also reminding employers that 4th Quarter Withholding Returns (Oct-Nov-Dec 2016) and employers’ W2s are due the last day of January 2017. (South Carolina Department of Revenue, Withholding Tax Tables WH-1603 (Rev. 6/30/16) 3268; South Carolina Department of Revenue, Formula for Computing South Carolina Withholding Tax, WH-1603F (Rev. 7/28/16) 3478.)